🚀 XRP has skyrocketed 350% in the past month, reaching a peak of nearly $2.5, the highest since January 2018.
- **Accumulation by "whales"**: Large wallets holding 1M-10M XRP have purchased 679 million tokens in just 3 weeks, pushing the total number of non-empty wallets to over 5.5 million.
- **Launch of stablecoin**: Ripple plans to launch the stablecoin RLUSD on December 4th, approved by NYDFS, adding further momentum to XRP.
- **Regulatory changes**: With the Trump administration, the legal environment for crypto may become more favorable, contributing to the growth of XRP. 📈